(1) The Board shall meet at least six times in a year to transact its business and a period of more than two months shall not lapse between two consecutive ordinary meetings of the Board.
(2) For transacting urgent business "the Chairman or in his absence, the Vice Chairman " may convene special meetings of the Board.
(3) Business at the meeting of the Board, shall be transacted in accordance with such regulations as the Board may make in that behalf subject to the following conditions, namely:-
(a) the quorum of ordinary or special meetings shall be one third of the total membership including the "Chairman, the Vice Chairman ;"
(b) every meeting shall be presided over by the "the Chairman and in his absence by the Vice Chairman and in case both are absent " and in his absence, by any members present at the meeting.
(c) if at any special or ordinary meeting of the Board there is no quorum, the person presiding over the meeting shall adjourn the meeting to any other day, not being later than 7 days from the date of adjournment and no quorum shall be necessary for such adjourned meeting; and
(d) all question at any meeting shall be decided by a majority of votes of the members present and voting, other than the persons presiding who shall have and exercise a casting voter only in case of a tie.
(4) No act or proceedings of the Board shall be merely by reason of the existence of any vacancy in the membership of the Board.